9431 Page Avenue St Louis, MO 63132

2,486 Sqft
5,227 Sqft lot
0.12 Acre lot
Status: Active
Property Type: Multi-family 5+
Year Built: 1950
Days on Website: 4

Listing courtesy of Coldwell Banker Realty - Gunda.

Description

Great 5-family investment opportunity in Overland, MO, fully occupied and generating strong cash flow. This property features 4 studio units and 1 spacious 1-bedroom unit, all of which were renovated in 2018. Tenants enjoy off-street parking and convenient access to public transportation, shopping, and major highways. With a gross operating income of $40,800, annual expenses of $11,573, and a net operating income of $29,227, this property offers a solid return on investment. Don't miss the chance to own a well-maintained, income-producing asset in a prime location. Perfect for investors looking for a stable rental income with minimal upkeep. Schedule your showing today!

Open House

Property Details and Features

  • Cable Available: 1
  • Efficiency Baths: 1 Full
  • One Bedroom Unit Baths: 1 Per Unit
  • Above Grade Finished Area: 2486 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Vinyl Siding"
  • Building Age: 75
  • Number Of Units Total: 5
  • Year Built: 1950
  • Cooling: "Electric"
  • Disclosures: "Unknown", "City", "Code Compliance Reqd", "Flood Plain No", "Sellers Discl Not Av"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Electric
  • Net Operating Income: 29227
  • Features: "No Laundry Facil."
  • Inclusions: Building & Land
  • Lease Term: Leases,Month To Month
  • Efficiency Rent: $575
  • One Bedroom Unit Includes: Refrigerator,Range/Oven
  • One Bedroom Unit Rent: 725
  • Price per Sq.Ft.: $121
  • Sub Lease: 0
  • Transaction Type: Sale
  • Ownership Type: Private
  • Location: City
  • Major Area: Ritenour
  • Parcel Number: 16L-63-0137
  • Subdivision Name: Pagewood
  • Township: Overland
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 50x108
  • Lot Size Source: County Records
  • Lot Size Square Feet: 5227 Sq.Ft.
  • Features: "Other", "Parking Lot"
  • Possession: "Close Of Escrow", "Negotiable", "Other"
  • 4 efficiency units
  • 1 one-bedroom unit
  • Property Type: Other
  • Property Sub Type: Multi-Family 5+
  • Elementary School: Wyland Elem.
  • High School: Ritenour Sr. High
  • High School District: Ritenour
  • Middle Or Junior School: Ritenour Middle
  • "Public Sewer"
  • Prop Asses City Tax: 1
  • Annual Tax Amount: 3329
  • Tax Year: 2024
  • Tenant Pays: "Cable TV"
  • Water Source: "Public"